2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.09

-0.1%

4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (89184)	4/16/2012 10:48:27 PM
From: Wildstar	Read Replies (1) of 217550

Thanks, that's a great story. While we're on the topic you raised about the "dumb money" being largely gold sellers... where exactly are we in the gold bull? The "We buy gold" signs imply we're EARLY in the bull. A co-worker of mine who... 1) bought his house at the bubble peak 2) then walked away from it 3) recently told me he "knew a guy" who could hook him up with some Apple stock ...just told me about how he's planning to sell his high school ring for big bucks. Who wants to bet he'll be buying back that same gold in the form of bullion at twice the price at which he sells? But the last few secular cycles have been about 15-20 years in length, and we're already 12 years in. It should be late in the bull, and the public should be all aboard, or at the very least, feel good about gold, instead of being widely skeptical. Twelve years into the prior stock bull (1994), the public acknowledged the presence of the stock bull. The following year, the Y2K stocks went parabolic, Netscape's IPO price doubled on its first day, and semi-equip stocks soared. Twelve years into this gold bull and the public still hates gold.

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